Oncolytics Biotech Inc
TSX:ONC

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Oncolytics Biotech Inc Logo
Oncolytics Biotech Inc
TSX:ONC
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Price: 14.9 CAD -1.32% Market Closed
Market Cap: 173.1m CAD

Oncolytics Biotech Inc
Investor Relations

Oncolytics Biotech, Inc. engages in the development of immuno-oncolytic virus for the treatment of solid tumors and hematological malignancies. The company is headquartered in Calgary, Alberta and currently employs 26 full-time employees. The company went IPO on 2000-06-01. The firm is focused on the discovery and development of pharmaceutical products for the treatment of cancers. Its lead product, Pelareorep, is a systemically administered immuno-oncology (I-O) viral agent with the potential to treat a variety of cancers. Pelareorep’s anti-tumor activity is based on three modes: selective viral replication in permissive cancer cells, which leads to tumor cell lysis; activation of innate immunity in response to the infection, which results in a cascade of chemokines/cytokines, causing natural killer (NK) cells to be activated and attack cancer cells; and specific adaptive immune response triggered by tumor and viral-associated antigens displayed by antigen presenting cells (APCs), infected tumor cells and dendritic cells to T cells.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 14, 2025
AI Summary
Q1 2025

Financial Runway: Oncolytics ended Q1 2025 with $15.3 million in cash, providing runway through Q3 2025 and key milestones.

Clinical Progress: Pelareorep continues to show strong potential in multiple cancer types, with notable clinical results in metastatic breast, pancreatic, and anal cancers.

Breast Cancer Path Forward: Management anticipates the registrational trial for HR+/HER2- metastatic breast cancer will use progression-free survival as the primary endpoint, with discussions ongoing regarding optimal trial design.

Pipeline Validation: Two randomized Phase II studies demonstrated significant efficacy for pelareorep, including near doubling of survival outcomes compared to standard care.

Business Development: The company is actively pursuing both global and regional partnerships, leveraging recent data and a favorable safety profile to attract potential biopharma partners.

Share Purchase Agreement: A $20 million share purchase agreement with Alumni Capital provides flexible access to capital at Oncolytics’ discretion, extending its financial runway.

CEO Search: The CEO search remains active, with an announcement expected in the near future.

Key Financials
Cash and Cash Equivalents
$15.3 million
Net Cash Used in Operating Activities
$6.5 million
General and Administrative Expenses
$3 million
Research and Development Expenses
$4.1 million
Net Loss
$6.7 million
EPS
$0.08 loss per share
Share Purchase Agreement
$20 million
Other Earnings Calls

Management

Mr. Wayne F. Pisano M.B.A.
Interim CEO & Chairman of the Board
No Bio Available
Mr. Kirk J. Look C.A., CA
Chief Financial Officer
No Bio Available
Dr. Matthew C. Coffey M.B.A., Ph.D.
President, CEO & Director (Leave of Absence)
No Bio Available
Dr. Thomas C. Heineman M.D., Ph.D.
Chief Medical Officer
No Bio Available
Ms. Allison Hagerman P.Eng., P.M.P.
Vice President of Product Development
No Bio Available
Ms. Amy Goodowitz Levin B.S.N., R.N.
Vice President of Clinical Operations
No Bio Available
Jon Patton
Director of Investor Relations & Communication
No Bio Available
Mr. John Mark Lievonen B.B.A., F.C.A., FCPA, LLD, M.B.A.
Consultant
No Bio Available

Contacts

Address
ALBERTA
Calgary
804, 322 - 11 Avenue Sw, Calgary Alberta Canada T2n 1X7
Contacts